Difference between revisions of "Beneficiary"

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A '''beneficiary''' is someone named to receive property or benefits in a [[will]]. In a [[trust]] it is a person who is to receive benefits from the trust. [[Category:Legal Terms]]
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A '''beneficiary''' is someone named to receive property or benefits in a [[will]] or a [[trust]].
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[[Category:Legal Terms]]

Revision as of 04:42, January 28, 2010

A beneficiary is someone named to receive property or benefits in a will or a trust.